New Arrangement for First Registration Tax Concessions for Electric Vehicles

The Government announced on 28 February 2018 the details of the new first registration tax (FRT) concessions for different types of electric vehicles (EV) as follows –

1. FRT concessions for electric vehicles: FRT for electric private cars will continue to be waived up to $97,500 and FRT for electric commercial vehicles, electric motor cycles and electric motor tricycles will be waived in full from 1 April 2018 to 31 March 2021 (both dates inclusive); and
2. “One-for-one Replacement” Scheme for electric private cars: Eligible private car owners who buy a new electric private car and scrap an eligible old private car they own to enjoy a higher FRT concession of up to $250,000 from 28 February 2018 to 31 March 2021 (both dates inclusive).

For enquiries, please call Transport Department Hong Kong Licensing Office at 2804 2270 or the 1823 Call Centre.

You may visit the following website of Transport Department for more details:
http://www.td.gov.hk/en/public services/licences and permits/vehicle first registration/new frt concessions for electric vehicles 2018/index.html

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